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Following the liberalization of Indian economy, the Real Estate Sector has witnessed significant growth rate in past few years. The obvious affects of liberalization can be seen as rise in business opportunities and labor migration that further resulted in high demand for commercial and residential properties, majorly in urbanized parts of the country. No wonder, [...]

On Wednesday, January 9, Union Housing Minister Ajay Maken said that the Real Estate (Regulation and Development) Bill is likely to come up in the budget session of parliament, which begins in February. The Bill, pending since 2009, will empower consumers and enforce discipline among property developers.
It proposes to set up an industry [...]